The Taylor Swift Wedding and a Hot New York Summer

ImageAndrew here.Who would have thought that the stock market would be driven by memory chip companies? The demand for memory chips for artificial intelligence — and the shortage of them — is leading to a rush of investment and a profit windfall.Shares of Micron are up nearly 20 percent in premarket trading.

But its broader impact on business is complicated.It’s going to raise prices for consumers, as we’ve discussed before.

(Tim Cook made that clear recently.)We’re also having some fun this morning with a look at the potential economic impact of Taylor Swift’s wedding to Travis Kelce in New York City.More below.ImageA wedding economic extravaganza?It looks official: New York will welcome the wedding of Taylor Swift and Travis Kelce, with a party at Madison Square Garden.The nuptials represent more than just two A-listers tying the knot, however.

The whole shebang promises to be the latest gigantic cultural event in New York in a summer full of them, bringing both economic benefits and logistical headaches.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe....